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Non-Tech : London Pacific Group - LPGL doubles... -- Ignore unavailable to you. Want to Upgrade?

To: Jimbo Cobb who wrote (204)	4/17/1999 4:43:00 PM
From: rupert1	Read Replies (2) \| Respond to of 737

Jimbo: I'm still trying to get a handle on what the bottom line is for LPGLY. It looks like folks on these threads are simply positing the post IPO value of the IPO share (or a range of possible values), multiplying that by the LPGLY number of shares, then dividing that by the number of shares outstanding in LPGLY. The total is assumed to be an addition to the LPGLY earnings per share. But is this sound given that there is a lock-up period? I have not seen any guide as to what multiple is reasonable on the raw or refined EPS. Bottom line: what kind of stock price movement would be reasonable on the fundamentals, disregarding any exaggeration due to momentum. Also has anyone checked any of the other BICC private investments for IPO plans?